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Wednesday, Oct 26, 2016

Saab Acquires Nordic Defence Industries

Defence and security company Saab has acquired the Danish naval company Nordic Defence Industries (NDI). NDI, designs and manufactures mine disposal charge systems for the naval defence industry.

The acquisition of NDI, develops Saab’s market leadership in the unmanned underwater domain when it comes to regional reach, technology and innovative solutions. This means customers can come to Saab for an end-to-end solution to meet their Mine Counter Measures (MCM) needs to detect, classify, identify and dispose maritime mines.

“With the acquisition we are strengthening our position in the Mine Counter Measures market, building a foundation for continued profitable growth. Our regional footprint will be strengthened as well as our role as a global supplier of Mine Counter Measure solutions,” says Görgen Johansson, head of business area Dynamics.

“With the high tech solutions for mine disposal provided by NDI we will have a product portfolio that covers the total need among our Mine Counter Measure customers.”

One of NDI’s products is DAMDIC, a mine disposal charge, carried to the mine by a remotely operated vehicle such as Saab’s Double Eagle - the first choice for many navies when it comes to Mine Counter Measures.

The company will be integrated into Saab’s business area Dynamics within its Underwater Systems business unit. The combination of Saab’s experience and knowledge from the AUV/ROV (Autonomous Underwater Vehicle/Remotely Operated Vehicle) market and NDI’s innovative mine disposal solutions will create a unique MCM house within Saab.

“After more than 20 successful years in the defence industry, with the challenges inherent from being a small stand-alone defence company, I am pleased to see new and exciting possibilities arise for NDI from the upcoming integration with Saab,” says Jess Otzen, owner and Managing Director of NDI.

Under new management, NDI’s main office and workshops, along with its experienced and dedicated staff, will remain in Aalborg Denmark, to ensure the continued supply of quality products and services to customers worldwide.

Source : Saab AB (OMX Stockholm: SAAB B)

Published on ASDNews: Oct 19, 2016


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